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RE: The two dreaded words...Income Tax
im just lucky to have vanished so to speak from the fulltime radar but i blog to show that anyone can do it!
all my cash if im asked is from donations on the street :)
This is another consideration, figuring out how to treat the blogging as a profession and possible enabling an alternate tax treatment for the income and at which point it is taxed. So much gray area, this was on purpose.
if they are going to make us pay taxes on it are they also going to accept it as a currency? As a payment or are they going to make us transfer it?
Go self-employed!